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Trump Eyes Temporary Payroll Tax Cut, Denies Recession Warnings
Posted
August 20, 2019
Views
599
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August 20, 2019
599
11
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6:14Now PlayingPresident Donald Trump says his administration is a looking at tax cut proposals but not as a response to a potential recession. He says, “I’m looking at that all the time anyway.” Trump talked about the economy and trade with China during a meeting Tuesday in the Oval Office with the president of Romania.
Trump says his administration is looking at a cut in the capital gains tax when investors sell assets. It is also exploring lower payroll taxes.
But mostly, Trump is pressuring the Federal Reserve to cut interest rates. He says, “They have to do a rate cut.”
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